regional economy

Area's financial system

A regional economy is the economic activity and conditions within a geographic area smaller than a nation—a state, province, metropolitan area, or district.

Economists and policymakers analyze regional economies to understand local employment, industry concentration, and growth patterns: The regional economy depends heavily on tourism.

Factory closures devastated the regional economy.

Opposites
geographic scale

regional economyglobal economy

Interconnected international financial system

world economy · national economy · domestic economy · local economy · macroeconomy

integration vs. localization

regional economyautarky

Complete economic independence

subsistence economy · free trade zone

Family

region, economy

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Abstract · Rated G